The Stablecoin MO startup has raised $ 40 million in B series funds while risk capital companies continue to accumulate money in the sector, Fortune said Thursday.
The round of funds was directed by Polychain and Ribbit Capital and included contributions from the Catalyst Fund in Endeavor and existing investors Panther and Crypto Capital Bain.
MO, who has now raised almost $ 100 million in capital, refused to reveal its valuation in the financing round, according to the report.
The startup is building a network so that Stablecoin emitters implement tokens without having to build their own software to transfer assets through chains or change one token for another.
Luca Prosperi, co -founder and CEO, summarizes the objective of the project how to build “the zero layer of money.”
Stablecoins, Token linked to the value of a traditional financial asset, such as a fiduciary currency, have proliferated in 2025, promoted by the promise of a clear regulation in the United States, which was completed with the approval of the Genius law last month.
Stablecoins market capitalization exceeded $ 289 billion as this month, more than the duplication of size in 2025.
This trend has been accompanied by venture capital companies that accumulate money in Stablecoin projects through a series of financing rounds, of which MO is one of the largest.
Mo did not respond to Coindesk’s request to make more comments.
Read more: Stable blockchain centered on the deck raises $ 28 million to Power Stablecoin Payments
